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How can Chinese overseas companies deal with Trump policies? | The Point

Tuesday,Apr 18, 2017

From: CGTN

 

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When Chinese President Xi Jinping meets US President Donald Trump in Florida, the imbalance trade between two countries was high on their agenda. How much will Trump propose 1 trillion dollars infrastructure plan for the next decade? How this economic relationship? How can Chinese overseas companies deal with Trump policies? The Point Studio inviting Dr. Wang Huiyao, President of Center for China and Globalization(CCG), to share his opinions about the future of the bilateral cooperation in the US’s infrastructure development and One Belt, One Road initiative.

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Wang Huiyao said ,CRRC going into US market is a good example for Chinese companies working on the infrastructure projects in the US. Trump’s 1 trillion dollars plan will provide more opportunities in this field, and CCG had recently released a report on above issue, titled “Infrastructure Cooperation-New Opportunities for US-China Relations”, and there are 7 Reasons for optimism in US-China cooperation over infrastructure investment:

 

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●1.  Chinese investment in US infrastructure will come to Trump’s aid in helping his administration boost the economy.

●2. Increased infrastructure investments inthe US will provide business opportunities for Chinese construction and engineering contractors.

3. Infrastructure cooperation will prompt Chinese rail transportation companies to pursue a more effective “going global” strategy.

●4. Trump’s infrastructure plan will further motivate Chinese heavy equipment manufacturing conglomerates to expand into US markets.

●5. Cutting-edge US mass transport experiments, such as Hyperloop, will have more Chinese high-tech companies as partners.

●6. Infrastructure cooperation aligns with an ongoing trend for large institutional investors to take an interest in US infrastructure from an asset management perspective.

●7. There is large room for growth in the development of Public-Private Partnerships (PPP) in the US.

 

Dr. Wang believes that China can share experiences with US on infrastructure development, and welcomes the US to join One Belt, One Road initiative.

 

From CNTN, April,  2017

 

 

 

  • Trade, Connectivity Take Centre Stage at “Belt and Road” Forum

    The planned projects under the Belt and Road Initiative (BRI) would together span the distance from the eastern part of China until Belgium in the northwest corners of Europe and Spain further south. The initiative is also known as the Silk Road Economic Belt and the Maritime Silk Road, evoking the image of the transcontinental routes that were used for trading silk, horses, and a host of other products some millennia ago.

  • Wang Huiyao:Belt and Road needs global partners | China Daily

    China needs to take steps to enlist others and emphasize that the proposal is an exciting opportunity for the whole world.

  • Risks and Countermeasures for Chinese Companies

    China proposed its “One Belt, One Road” initiative in 2013. This ambitious scheme seeks to connect China more closely with Europe, Southeast and Central Asia, the Middle East and Africa. The project is bound up with the promotion and exercise of China’s “soft power,” aimed at devising Asian solutions for Asian problems.

  • FTAAP better choice in Asia-Pacific, say Chinese experts

    “Only when China and US agree on the future global economic rules and jointly promote the establishment of the FTAAP will it be possible for the Asia-Pacific to achieve the goal of global economic growth,” Wang Huiyao, director of the Center for China Globalization, said during a recent forum.

  • US aims to curb deficit with China

    The US has noticed China’s recent increase in its foreign exchange reserves and its support for a strong yuan, and instead of labeling China a currency manipulator, the US will work harder to bring down its trade deficit with the world’s second-largest economy, experts said on Thursday.